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Monday, October 29, 2012

According to a new market research report, “Physical Intrusion Detection & Prevention Systems (PID&PS) Market (2012-2017) – Global Forecast & Analysis by Product, Application & Geography” published by MarketsandMarkets (www.marketsandmarkets.com), the total market is expected to reach $16.3 billion by 2017, at a CAGR of 7.0%.

The need for intrusion detection and prevention has grown manifold in the wake of threats becoming increasingly complex. The threat to the public and private properties are coming both - from the cross border and their own citizens. The sudden civil uprisings in the Middle East and Africa are compelling the governments and enterprises to rethink of their security measures. However in the APAC region, revival of stalled construction projects and infrastructural boom has opened new avenues for PID&PS market. Intrusion prevention systems are considered extensions of intrusion detection systems because they both monitor network traffic and/or system activities for malicious activity. The main differences are, that intrusion prevention systems are placed in-line and able to actively prevent/block intrusions that are detected. As a consequence, the PID&PS market is witnessing a positive growth and increased adoption all across the world. PID&PS market is estimated to reach $16.3 billion by 2017, growing at a CAGR of 7.0% during 2012-2017. America is leading the total PID&PS market; followed by APAC and Europe respectively. In the market of ROW, Middle East and Africa are the largest contributors.

This report provides the current size of the physical intrusion detection and prevention system market and also forecasts the same for the period 2012-2017. There is also a detailed analysis of growth opportunities, key drivers, and restraints of the market along with emerging industry trends. The physical intrusion detection and prevention system market is segmented into markets by technology such as intruder alarm system, perimeter security system, and access control system. Each technology segment is further analyzed by its types, applications, and also by its geographical penetration. Revenue estimates and forecasts of each technology segment; along with geographical specifications are provided in the report. The key market players across the value chain are identified, profiled, and analyzed to understand the competitive landscape. The report consists of detailed analysis and profiles of 25 major players.

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services.

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MarketsandMarkets (M&M) is a global market research and consulting company. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services.